Start where you’ve got the best chance of success … that’s the best bit of advice I can give any organisation setting out on the ‘whole-of-organisation governance’ journey. Nor is it realistic to think you can do it on your own. You have to build support, break down the silos and get everyone on song. For my part, I began where I believed I had the best chance of success; with other leaders in the organisation who had the same passion and drive as I did to put in place the framework and linkages needed to deliver outcomes we want.

Enacted over 20 years ago, the Act governing Australia’s companies and financial markets came into effect before we had hybrid cars, caller ID, lithium batteries, jpgs or mobile broadband and is now in urgent need of a major overhaul if it is going to support and not hinder a dynamic, entrepreneurial and innovative economy.